From the field

Chinese output slumps to fresh low

China has been relegated to the world’s fifth-largest crude producer, as China’s National Bureau of Statistics production figures for July… Read More

8 years ago

Iraq, IOCs agree to raise investment

International oil companies (IOCs) BP, Lukoil and Shell have agreed to resume investment in oilfield development projects in Iraq from… Read More

8 years ago

Rosneft Q2 output edges up

Rosneft posted its operational results over the second quarter and the first half of 2016 on Thursday, reporting a marginal… Read More

8 years ago

New Oman-Iran gas pipeline route

Omani Minister of Oil and Gas Mohammed bin Hamad al Rumhy on Wednesday said the sultanate and Iran had decided… Read More

8 years ago

Egypt gives green light to exploration deals

Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla said on Wednesday that the government had signed off on… Read More

8 years ago

Saudi oil output hits record

An uptick in seasonal domestic demand has propelled Saudi Arabia’s crude production to an all-time record of 10 Read More

8 years ago

Indian refiner plans expansion drive

India’s Chennai Petroleum is planning a major increase in refining capacity, the company’s managing director said on Wednesday. According to… Read More

8 years ago

Shell Nigeria declares force majeure on gas

Shell Petroleum Development Company of Nigeria on Wednesday released a statement saying that it had declared force majeure on gas… Read More

8 years ago

Gazprom sees profit slip

Gazprom on Wednesday announced its quarterly results over the first quarter of 2016, reporting a 5% year-on-year drop in net… Read More

8 years ago

Iran proposes Indonesia refinery

Iran has proposed to build a multi-billion-dollar refinery in Indonesia, Ministry of Energy and Mineral Resources’ director for oil and… Read More

8 years ago

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